2022
Flag  
GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
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GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
 GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
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GDP PC 
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186

About

Iran-Saudi Arabia Trade: In 2021, Iran exported $41.4k to Saudi Arabia. The main products that Iran exported to Saudi Arabia were N/A. Over the past 6 years the exports of Iran to Saudi Arabia have decreased at an annualized rate of 76%, from $216M in 2015 to $41.4k in 2021.

In 2021, Iran did not export any services to Saudi Arabia.

Saudi Arabia-Iran Trade: In 2021, Saudi Arabia exported $248k to Iran. The main products that Saudi Arabia exported to Iran were N/A. Over the past 6 years the exports of Saudi Arabia to Iran have decreased at an annualized rate of 69.2%,  from $89.2M in 2015 to $248k in 2021.

In 2021, Saudi Arabia did not export any services to Iran.

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). That same year, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Iran exported $41.4k to Saudi Arabia. There were not main exports from Iran to Saudi Arabia in 2021. During the last 6 years the exports of Iran to Saudi Arabia have decreased at an annualized rate of 76%, from $216M in 2015 to $41.4k in 2021.

In 2013, Saudi Arabia exported $248k to Iran. There were not main exports from Saudi Arabia to Iran in 2013. During the last 5 years the exports of Saudi Arabia to Iran have decreased at an annualized rate of 69.2%, from $89.2M in 2018 to $248k in 2013.

Exports from Iran (Flag) to Saudi Arabia (Flag) (2021)

Exports from Saudi Arabia (Flag) to Iran (Flag) (2021)

Latest Data

Trade between Iran (Flag) and Saudi Arabia (Flag)

Saudi Arabia Exports

Market Competitiveness

Color
Iran
Top Destination
China$5.72B
Saudi Arabia
Top Destination
China$68B

This map shows whether countries import more from Iran or Saudi Arabia. Each country is colored based on the difference in imports they receive from Iran and Saudi Arabia or the difference in the growth in imports.

In 2022, countries that imported more from Iran than Saudi Arabia included Armenia ($557M), Azerbaijan ($454M), and Uzbekistan ($271M).

In 2022, countries that imported more from Saudi Arabia than Iran included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Iran (Flag) (2022)

Comparative Advantage Iran - Saudi Arabia

Flow
Scale

This chart compares trade between Iran and Saudi Arabia by product, considering products traded by both, Iran and Saudi Arabia.

During 2021, Iran had a large net trade with Saudi Arabia in the exports of .

During 2013, Saudi Arabia had a large net trade with Iran in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Saudi Arabia+$6.29kEthylene Polymers
Top Product Potential Saudi Arabia Iran+$6.76kRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Iran and Saudi Arabia. This means that a dot/product with the flag of Iran indicates it has a comparative advantage over Saudi Arabia. Similarly, a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Iran.

Product Space of Iran (Flag) and Saudi Arabia (Flag) (2021)

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